Cost of Living in Mexico City, Mexico

Mexico City (CDMX) is a massive, vibrant metropolis that offers an incredible blend of pre-Hispanic history, colonial architecture, and modern cosmopolitan life. As an economic powerhouse in North America, it presents a wide spectrum of living costs. While neighborhoods like Roma, Condesa, and Polanco have seen significant price increases due to popularity among digital nomads and expats, the city remains highly affordable compared to major U.S. or European hubs. Residents enjoy a world-class culinary scene, extensive public transportation, and a rich cultural calendar, though challenges like traffic congestion and air quality persist.

Rent & Housing Prices in Mexico City

3bed center42,000 MXN ($2,210 USD)
1bed outside12,500 MXN ($660 USD)
1bed center22,500 MXN ($1,185 USD)
3bed outside25,000 MXN ($1,315 USD)

Food & Dining Costs

Meal, Inexpensive Restaurant200 MXN ($10.50 USD)
Three-course Meal for 2, Mid-range1,200 MXN ($63.00 USD)
McMeal at McDonalds (or Equivalent)165 MXN ($8.70 USD)
Local Beer (0.5L draught)65 MXN ($3.40 USD)
Cappuccino (regular)60 MXN ($3.15 USD)
Loaf of Fresh White Bread (500g)42 MXN ($2.20 USD)

Transportation & Commuting

monthly pass500 MXN ($26.30 USD)
gasoline liter24.80 MXN ($1.30 USD)
taxi start15 MXN ($0.80 USD)
one way ticket5 MXN ($0.26 USD)

Average Salary & Mortgage Rates

avg salary16,800 MXN ($885 USD)
mortgage rate11.25%

Quality of Life in Mexico City

Mexico City offers a high quality of life for those who enjoy urban energy and cultural depth. Healthcare is excellent in private hospitals like ABC Medical Center, though public facilities can be crowded. Safety is neighborhood-dependent; while 'Colonias' like Roma and Polanco are generally safe, standard urban precautions are necessary elsewhere. The city faces environmental challenges, specifically air pollution and occasional water scarcity, but balances this with thousands of parks and a temperate 'eternal spring' climate.

3 Days in Mexico City: A Budget Itinerary

Day 1

Start at the Zócalo (main square). Visit the Metropolitan Cathedral and Templo Mayor. Walk to the Palacio de Bellas Artes. Budget: $15-$25 USD including street food lunch.

Day 2

Head to Chapultepec Park. Explore the National Museum of Anthropology (world-class). Walk through the upscale Polanco district. Budget: $20-$40 USD.

Day 3

Take the metro to Coyoacán. Visit the Frida Kahlo Museum (book in advance) and the Leon Trotsky House. Enjoy coffee at the local market. Budget: $25-$35 USD.

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